AZM 0.00% 3.2¢ azumah resources limited

Key important snippets from today's annoucement :? NI 43-101 and...

  1. 321 Posts.

    Key important snippets from today's annoucement :

    ? NI 43-101 and JORC Code compliant
    0.52Moz Inferred and 0.65Moz Indicated
    Mineral Resource at Wa Gold Project,
    NW Ghana
    ? 100% of 3,100km2 licences hosting over
    150km of prospective Birimian
    greenstone belt. Less than 10%
    effectively explored
    ? Feasibility Study nearly completed for
    multi-pit, +1.0Mtpa, <100,000oz per year
    mining and gravity / CIL operation
    ? Pipeline of drill-ready targets
    ? Aggressive 250,000m, 2011/12 drilling
    programme focused on resource
    discovery and increase
    ? + 15% strategic investment in
    neighbour, Castle Minerals Limited
    ? Board and management team of
    successful explorers, mining and
    corporate professionals


    Importantly :

    Feasibility Study nearly completed for
    multi-pit, +1.0Mtpa, <100,000oz per year
    mining and gravity / CIL operation

    Aggressive 250,000m, 2011/12 drilling
    programme focused on resource
    discovery and increase

    AZM is overdue for key newsflows. Excellent time to buy in at ridiculously low price. This should hit 40 cents again soon. Share prospectus in Canada is at around 37.5 cents. Today's price is below that and institutions will still cram the share register as they know the great value this company holds and the massive potential in Ghana.
 
watchlist Created with Sketch. Add AZM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.